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Enviro Energy’s Cash Offer Becomes Unconditional, Control Shifts

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Enviro Energy’s Cash Offer Becomes Unconditional, Control Shifts

Enviro Energy International Holdings Limited ( (HK:1102) ) has issued an announcement.

Enviro Energy International Holdings Limited announced that a mandatory conditional cash offer by Beta International Securities Limited, on behalf of Amethyst Asia Limited, to acquire all issued shares of the company has become unconditional. The Offeror and parties acting in concert now hold over 50% of the company’s voting rights, marking a significant shift in control. The offer remains open for acceptance until March 25, 2025, providing shareholders the opportunity to tender their shares.

More about Enviro Energy International Holdings Limited

Enviro Energy International Holdings Limited is a company incorporated in the Cayman Islands, focusing on energy-related holdings and investments.

YTD Price Performance: -10.0%

Average Trading Volume: 19,283,787

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$77.73M

For detailed information about 1102 stock, go to TipRanks’ Stock Analysis page.

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